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Euronav
Euronav is the crude oil tanker division of CMB.TECH, which consists of VLCCs, Suezmaxes and FSOs. History Euronav is the successor of European Navigation Company Ltd, a tanker shipping company acquired by the French shipping company Compagnie Nationale de Navigation (CNN). In 1995 European Navigation Company Ltd merged into a joint venture with the Belgian national shipping line Compagnie Maritime Belge The Compagnie Maritime Belge (CMB) is one of the oldest Antwerp ship-owners. It is controlled by the Saverys family who also own major stakes in the Exmar and Euronav groups. History CMB was founded in 1895 under the name Compagnie Belge Maritim ... (CMB) and continued under the name Euronav Luxembourg NV. In 1997 CMB acquired CNN and transferred Euronav Luxembourg NV into the full ownership of CMB. Euronav had thus become the wholly owned tanker division of CMB. In 1997, the management decided to renew the tanker fleet of six single-hull ships with a series of double-hull ...
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Frontline Ltd
Frontline PLC is the world's fourth largest oil tanker shipping company, based in Limassol, Cyprus and controlled by John Fredriksen. Its primary business is transporting crude oil. As of 2008 the company had one of the world's largest tanker fleets consisting of VLCC, Suezmax and Suezmax OBO carriers (82 tankers in total with 18 more on order). History Frontline has its origin in Frontline AB, which was founded in 1985, and which was listed on the Stockholm Stock Exchange from 1989 to 1997. Hemen Holding (a company indirectly controlled by the largest shareholder and chairman of Frontline, John Fredriksen) became the largest shareholder of Frontline in 1996. In May 1997, a decision was made at the general meeting in Frontline AB to change its domicile from Sweden to Bermuda and to list its shares on the Oslo Stock Exchange. The change of domicile was executed through a share for share exchange offer from the then newly formed Frontline in Bermuda. Under Fredriksen the comp ...
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Compagnie Maritime Belge
The Compagnie Maritime Belge (CMB) is one of the oldest Antwerp ship-owners. It is controlled by the Saverys family who also own major stakes in the Exmar and Euronav groups. History CMB was founded in 1895 under the name Compagnie Belge Maritime du Congo (CBMC). At the request of Leopold II of Belgium and with support from British investors, a maritime connection was opened with Congo Free State. On 6 February 1895 the CMBC ship ''Léopoldville'' was the first to leave port of Antwerp for Congo Free State. For sixty years the Congo boats (''Kongoboten'') were a constant presence in the port of Antwerp. In 1930 CBMC acquired ''Lloyd Royal Belge'', another Belgian shipowner. The name of the new company became Compagnie Maritime Belge (CMB), and new lines were opened towards America and the Far East. During World War, on 24 December 1944, CMB's SS Léopoldville (1928), 1928 Leopoldville while transporting the 66th Infantry Division, Leopoldville was torpedoed and sank in under 3 h ...
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Public Company
A public company is a company whose ownership is organized via shares of share capital, stock which are intended to be freely traded on a stock exchange or in over-the-counter (finance), over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listing (finance), listed company), which facilitates the trade of shares, or not (unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states and so have associations and formal designations, which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation, though a corporation need not be a public company. In the United Kin ...
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Antwerp
Antwerp (; ; ) is a City status in Belgium, city and a Municipalities of Belgium, municipality in the Flemish Region of Belgium. It is the capital and largest city of Antwerp Province, and the third-largest city in Belgium by area at , after Tournai and Couvin. With a population of 565,039, it is the List of most populous municipalities in Belgium, most populous municipality in Belgium, and with a metropolitan population of over 1.2 million people, the country's Metropolitan areas in Belgium, second-largest metropolitan area after Brussels. Definitions of metropolitan areas in Belgium. Flowing through Antwerp is the river Scheldt. Antwerp is linked to the North Sea by the river's Western Scheldt, Westerschelde estuary. It is about north of Brussels, and about south of the Netherlands, Dutch border. The Port of Antwerp is one of the biggest in the world, ranking second in Europe after Rotterdam and List of world's busiest container ports, within the top 20 globally. The city ...
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Belgium
Belgium, officially the Kingdom of Belgium, is a country in Northwestern Europe. Situated in a coastal lowland region known as the Low Countries, it is bordered by the Netherlands to the north, Germany to the east, Luxembourg to the southeast, France to the south, and the North Sea to the west. Belgium covers an area of and has a population of more than 11.8 million; its population density of ranks List of countries and dependencies by population density, 22nd in the world and Area and population of European countries, sixth in Europe. The capital and Metropolitan areas in Belgium, largest metropolitan region is City of Brussels, Brussels; other major cities are Antwerp, Ghent, Charleroi, Liège, Bruges, Namur, and Leuven. Belgium is a parliamentary system, parliamentary constitutional monarchy with a complex Federation, federal system structured on regional and linguistic grounds. The country is divided into three highly autonomous Communities, regions and language areas o ...
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Transport
Transport (in British English) or transportation (in American English) is the intentional Motion, movement of humans, animals, and cargo, goods from one location to another. Mode of transport, Modes of transport include aviation, air, land transport, land (rail transport, rail and road transport, road), ship transport, water, cable transport, cable, pipeline transport, pipelines, and space transport, space. The field can be divided into infrastructure, vehicles, and operations. Transport enables human trade, which is essential for the development of civilizations. Transport infrastructure consists of both fixed installations, including roads, railways, airway (aviation), airways, waterways, canals, and pipeline transport, pipelines, and terminals such as airports, train station, railway stations, bus stations, warehouses, trucking terminals, refueling depots (including fuel docks and fuel stations), and seaports. Terminals may be used both for the interchange of passengers and ...
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Marine Propulsion
Marine propulsion is the mechanism or system used to generate thrust to move a watercraft through water. While paddles and sails are still used on some smaller boats, most modern ships are propelled by mechanical systems consisting of an electric motor or internal combustion engine driving a propeller, or less frequently, in pump-jets, an impeller. Marine engineering is the discipline concerned with the engineering design process of marine propulsion systems. Human-powered watercraft, Human-powered paddles and oars, and later, sails were the first forms of marine propulsion. Rowed galleys, some equipped with sail, played an important early role in early human seafaring and naval warfare, warfare. The first advanced mechanical means of marine propulsion was the marine steam engine, introduced in the early 19th century. During the 20th century it was replaced by two-stroke diesel engine, two-stroke or four-stroke diesel engines, outboard motors, and gas turbine engines on faster sh ...
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Oil And Gas
A fossil fuel is a flammable carbon compound- or hydrocarbon-containing material formed naturally in the Earth's crust from the buried remains of prehistoric organisms (animals, plants or microplanktons), a process that occurs within geological formations. Reservoirs of such compound mixtures, such as coal, petroleum and natural gas, can be extracted and burnt as fuel for human consumption to provide energy for direct use (such as for cooking, heating or lighting), to power heat engines (such as steam or internal combustion engines) that can propel vehicles, or to generate electricity via steam turbine generators. Some fossil fuels are further refined into derivatives such as kerosene, gasoline and diesel, or converted into petrochemicals such as polyolefins ( plastics), aromatics and synthetic resins. The origin of fossil fuels is the anaerobic decomposition of buried dead organisms. The conversion from these organic materials to high-carbon fossil fuels is typical ...
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Shipping
Freight transport, also referred to as freight forwarding, is the physical process of transporting commodities and merchandise goods and cargo. The term shipping originally referred to transport by sea but in American English, it has been extended to refer to transport by land or air (International English: "carriage") as well. "Logistics", a term borrowed from the military environment, is also used in the same sense. History Prehistoric Era Initial human civilization relied heavily on domesticated animals, such as horses, camels, and donkeys, to transport their goods. The invention of the wheel in Mesopotamia in 5000BC improved this efficiency by allowing for carts and carriages to be created, which animals could pull. Classical Era Romans The Romans built a vast network of roads, which facilitated trade across the numerous cities in its empire. Silk Road Transport along the silk road, a land-based route, was generally done through caravans, equipped ...
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Companies Based In Antwerp
A company, abbreviated as co., is a legal entity representing an association of legal people, whether natural, juridical or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Over time, companies have evolved to have the following features: "separate legal personality, limited liability, transferable shares, investor ownership, and a managerial hierarchy". The company, as an entity, was created by the state which granted the privilege of incorporation. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is to generate sales, revenue, and profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duties according to the publicly declared incorporation pu ...
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Oil And Gas Companies Of Belgium
An oil is any nonpolar chemical substance that is composed primarily of hydrocarbons and is hydrophobic (does not mix with water) and lipophilic (mixes with other oils). Oils are usually flammable and surface active. Most oils are unsaturated lipids that are liquid at room temperature. The general definition of oil includes classes of chemical compounds that may be otherwise unrelated in structure, properties, and uses. Oils may be animal, vegetable, or petrochemical in origin, and may be volatile or non-volatile. They are used for food (e.g., olive oil), fuel (e.g., heating oil), medical purposes (e.g., mineral oil), lubrication (e.g. motor oil), and the manufacture of many types of paints, plastics, and other materials. Specially prepared oils are used in some religious ceremonies and rituals as purifying agents. Etymology First attested in English 1176, the word ''oil'' comes from Old French ''oile'', from -4; we might wonder whether there's a point at which it's appro ...
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